Many people now have a paypal account, but as you can see below, if you are a regular seller on eBay or an online merchant, without a conventional Merchant account, there are other options available. The rates below may change, therefore, before signing up for any of these services, please be sure to check their up to date interest rates and terms & conditions.

* This is solely the claim of the company. Please be sure to visit their website itself to be completely sure of such statements.

Why Accept Credit cards Online?

A few years ago, the world was rocked by the bursting of the 'Internet Bubble'. Normally sane people went crazy, investing vast sums of money into the stock market with little or no knowledge of the actual workings of the countless 'internet companies' which surged onto the financial markets. One of the primary reasons why such businesses failed was that they assumed that large amounts of consumers would flock to their sites, credit card in hand. This was not to be, as very few people had the faith in internet security to risk shopping on the net. That, coupled with the inflated estimate many would-be internet entrepreneurs held regarding their business, meant that when the actual accounts came through, their company wasn't worth the paper their share options were wrote on.

Where are we now?

The National Statistics figures from November, 2004 showed a double in Internet Sales turnover since 2002. See more on this story here. As computer education improves, so Consumers have more faith , in giving their details over the internet. Ebay has done a lot to help, with people happily sending money back and worth to sellers all over the world via paypal.

I am not a Retailer, why would i want to accept credit cards online?

I can hear you thinking 'Its ok for the large retailers but what about me?'. Indeed, people's first assumption when looking at getting a website, accepting credit cards etc, is that, if you are selling not a product, but a service, why would you want to accept credit cards over the net? The answer is simple. People such as NoChex and paypal offer credit card processing without the need to subscribe to the traditional merchant account, tied to a high street bank. Thus, with the right kind of support, the vast majority of businesses could potentially accept credit card payments for all kinds of services and products.